Asked by Turner Beard on Jul 01, 2024

What is the purpose of strategic HRM?

A) to ensure the effective functioning and survival of the organization and its members
B) to implement the planning,timing,and delivery of an effective organizational strategy
C) to motivate and attract employees who will internalize the organization's culture
D) to emerge as an industry leader with numerous distinct competencies and a competitive advantage

Strategic HRM

Interrelated philosophies, policies, and practices that facilitate the attainment of organizational strategy.

Organizational Survival

The ability of an organization to continue to operate and remain viable over time, often amidst competition and changing market conditions.

Industry Leader

A company that holds the highest market share or the highest profitability margin in a specific industry, setting benchmarks and leading in innovation, customer service, and product quality.

  • Identify the role of strategic HRM within an organization.